Statement regarding FTC decision re: sale of BNTCL
Barbados: November 28th, 2017 – SOL PETROLEUM (BARBADOS), (Sol) confirms that Sol has received correspondence from the Fair Trading Commission (FTC) regarding the FTC’s decision on the sale of the Barbados National Terminal Company Limited (BNTCL) to The Sol Group of Companies.
Sol has thus far respected the FTC’s investigative process as it relates to the proposed transaction and now that we have received a final ruling, we will issue a further statement upon conclusion of our internal review process.
As always, our commitment to Barbados remains steadfast and we will continue to look for ways to respond to the needs of our valued stakeholders – the Barbadian people.